Trends Affecting Payable 2019 Property Taxes in Ramsey County. Chris Samuel, Ramsey County Auditor/Treasurer August 7, 2018

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1 Trends Affecting Payable 2019 Property Taxes in Ramsey County Chris Samuel, Ramsey County Auditor/Treasurer August 7, 2018

2 Contents Key Takeaways Presentation Contents Select Median Valued Homes and Commercial Detail Median Residential by St Paul Planning District Median Single Family by City/School Range of Change in Market Value Appendix Additional Information (including famous friends ) 2

3 Key Takeaways Tax shifts due to market value changes Market values are increasing in the double digits for most apartment properties while residential, commercial and industrial increases are generally more moderate. Thomas/Dale, Dayton s Bluff, Payne/Phalen, the West Side, Mounds View and Spring Lake Park are all areas with higher increases in residential market values. Properties in St. Paul increased slightly more in value than the suburbs which will shift some county taxes from the suburbs to St. Paul. 3

4 Key Takeaways Gain in fiscal disparity distribution levy The County s fiscal disparity distribution levy will increase FD Distribution 2019 FD Distribution Dollar Change Percent Change Ramsey County $49,058,514 $49,555,138 $496, % The City of St. Paul and Roseville School District ISD #623 will have significant gains. 4

5 Impact on Median Value Roseville Home Factors Affecting Payable 2019 Roseville Property Taxes For a Median Value Single Family Home of $254,900 assuming a 7.6% Increase in Estimated Market Value Located in School District #623 and the Rice Creek Watershed Factors Amount Final Payable 2018 Total Tax ($236,900 EMV Home) $ 3,539 Gain of Fiscal Disparities $ (32) Change in Homestead Exclusion Benefit 20 Other Shifts (9) Total Decrease Due to Tax Shifts $ (21) Change that will appear on Proposed Notice County Levy $ 61 $ 74 Regional Rail Levy 8 8 School District Levy - (42) City Levy - 6 Other Special Taxing Districts Levy - 2 Total Increase Due To Changes in Levy $ 69 $ 48 Perc Change Estimated Payable 2019 Total Tax ($254,900 EMV Home) $ 3, % Assumptions: 2018 Levy 2019 Levy Levy Change % Change County Levy $ 305,199,197 $ 318,453,646 $ 13,254, % Roseville Levy 21,040,655 21,040, % ISD 623 Levy 37,918,320 37,918, % Regional Rail Authority Levy 22,524,228 24,273,554 1,749, % 5

6 Impact on Median Value St. Paul Home Factors Affecting Payable 2019 St. Paul Property Taxes For a Median Value Single Family Home of $186,200 assuming a 7.1% Increase in Estimated Market Value Factors Amount Final Payable 2018 Total Tax ($173,900 EMV Home) $ 2,516 Gain of Fiscal Disparities $ (94) Change in Homestead Exclusion Benefit 15 Other Shifts 55 Total Decrease Due to Tax Shifts $ (24) Change that will appear on Proposed Notice County Levy $ 41 $ 48 Regional Rail Levy 5 6 School District Levy - 1 City Levy - (31) Other Special Taxing Districts Levy - (2) Total Increase Due To Changes in Levy $ 46 $ 22 Perc Change Estimated Payable 2019 Total Tax ($186,200 EMV Home) $ 2, % Assumptions: 2018 Levy 2019 Levy Levy Change % Change County Levy $ 305,199,197 $ 318,453,646 $ 13,254, % St Paul Levy 141,273, ,273, % ISD 625 Levy 155,464, ,464, % Regional Rail Authority Levy 22,524,228 24,273,554 1,749, % St. Paul HRA 3,822,159 3,822, % 6

7 Impact on Median Value St. Paul Commercial Factors Affecting Payable 2019 St. Paul Property Taxes For a Median Value Commercial Property of $495,450 assuming a 6.1% Increase in Estimated Market Value Factors Amount Final Payable 2018 Total Tax ($466,750 Commercial Property) $ 16,478 Gain of Fiscal Disparities $ (342) Other Shifts 380 Total Increase Due to Tax Shifts $ 38 Change that will appear on Proposed Notice County Levy $ 155 $ 76 Regional Rail Levy School District Levy - (82) City Levy - (229) Other Special Taxing Districts Levy - (23) Fiscal Disparity Tax State Business Tax - 32 Total Increase Due To Changes in Levy $ 176 $ 214 Perc Change Estimated Payable 2019 Total Tax ($495,450 Commercial) $ 16, % Assumptions: 2018 Levy 2019 Levy Levy Change % Change County Levy $ 305,199,197 $ 318,453,646 $ 13,254, % St Paul Levy 141,273, ,273, % ISD 625 Levy 155,464, ,464, % Regional Rail Authority Levy 22,524,228 24,273,554 1,749, % St. Paul HRA 3,822,159 3,822, % 7

8 Impact on Median Value Residential By St. Paul Planning District Median Estimated Market Value of Residential Property By St. Paul Planning District Taxes Payable Year 2018 to 2019 Final Estimated Payable Payable 2018 Rate 2019 Rate % % Median Estimated Home Market Values % % Estimated Values as of: 01/02/17 01/02/18 % Change P2018 P2019 $ Change % Change Targeting For Taxes Payable In: From Final Estimated From From Property Tax Planning District '18 - '19 Taxes Taxes '18 - '19 '18 - '19 Refund 1. Sunray/Battlecreek/Highwood $168,900 $181, % $2,428 $2,467 $39 1.6% 2. Greater East Side 153, , % 2,162 2, % 3. West Side 144, , % 1,992 2, % 4. Dayton's Bluff 115, , % 1,489 1, % 5. Payne/Phalen 131, , % 1,762 1, % 6. North End 121, , % 1,582 1, % 7. Thomas Dale 111, , % 1,416 1, % $ (17) 8. Summit/University 199, , % 2,960 2, % 9. West Seventh 162, , % 2,317 2, % 10. Como 204, , % 3,061 3, % 11. Hamline/Midway 167, , % 2,407 2, % 12. St. Anthony Park 285, , % 4,491 4, % 13. Merriam Park/Snelling/Lexington/Hamline 287, , % 4,525 4, % 14. Macalester/Groveland 308, , % 4,894 4, % 15. Highland 292, , % 4,620 4, % 16. Summit Hill 367, , % 5,940 5, % 17. Downtown 160, , % 2,274 2, % *Notes: Tax rates and taxes will be slightly higher for the small portion of the City located in the Ramsey/Washington Metro Watershed District. Assumptions: 2018 Levy 2019 Levy Levy Change % Change County Levy $ 305,199,197 $ 318,453,646 $ 13,254, % City Levy 141,273, ,273, % ISD 625 Levy 155,464, ,464, % Regional Rail Authority Levy 22,524,228 24,273,554 1,749, % St. Paul HRA 3,822,159 3,822, % 8

9 Impact on Median Value Single Family Homes by City and School District Percentage Change in 2019 Property Tax On Median Value Single Family Properties (as of 08/03/18) Assuming a 4.3% increase in county levy, a 7.8% increase in Regional Rail and no change in other levies Estimated Payable 2018 Payable 2019 % Change % Change in Tax on Median Valued Home Change City Median City Median in Median From 2018 City School Estimated Value Estimated Value Value County City School Other Total Total Tax Arden Hills 621 $333,800 $346, % 1.8% -0.3% -3.7% 1.1% -0.6% -$ " " " 1.8% -0.3% -7.0% 1.1% -2.1% -98 Falcon Heights , , % 3.7% -4.8% -5.5% 0.5% -1.7% -67 Gem Lake , , % 6.5% 5.2% 2.6% 6.7% 4.9% 180 Lauderdale , , % 8.4% 1.2% -1.6% 5.1% 2.9% 75 Little Canada , , % 4.7% 1.5% -4.6% 2.5% 0.3% " " " 4.7% 1.5% 0.9% 2.5% 2.6% 82 Maplewood , , % 4.8% 0.3% 5.0% 2.6% 3.4% " " " 4.8% 0.3% -4.6% 2.6% 0.2% " " " 4.8% 0.3% 0.9% 2.6% 2.2% 66 Mounds View , , % 10.6% 1.7% 3.9% 9.8% 6.0% 164 New Brighton , , % 7.9% -0.1% 10.0% 7.2% 6.9% " " " 7.9% -0.1% 1.7% 7.2% 3.8% 129 North Oaks , , % 3.4% 0.5% -2.5% 3.6% 0.8% " " " 3.4% 0.5% -0.3% 3.6% 1.7% 112 North St. Paul , , % 6.3% -0.7% 6.3% 3.3% 4.1% 103 Roseville , , % 6.2% 0.7% 0.2% 5.5% 2.8% " " " 6.2% 0.7% -3.3% 5.5% 1.4% 49 St. Anthony , , % 2.1% N/A N/A N/A N/A N/A St. Paul , , % 6.3% -4.1% 0.2% 2.4% 0.9% 22 Shoreview , , % 2.9% -0.8% -2.7% 2.1% 0.1% " " " 2.9% -0.8% -6.1% 2.1% -1.3% -56 Spring Lake Park , , % 14.9% N/A N/A N/A N/A N/A Vadnais Heights , , % 8.3% 3.4% 2.0% 8.4% 5.1% " " " 8.3% 3.4% 4.2% 6.0% 5.8% 182 White Bear Lake , , % 5.5% -0.3% 1.6% 3.3% 3.0% 76 White Bear Town , , % 2.2% -0.8% -1.3% 0.1% 0.3% 11 9

10 Percent Change Range Change in Estimated Market Value of Single Family Homes Percentage Change in Estimated Market Value By Range of Change from Payable 2018 to Payable 2019 Single Family Homes in Ramsey County Without Added Improvement Value 50% or more 40% to 50% 30% to 40% 20% to 30% ,708 10% to 20% 27,833 0% to 10% 66,745 0% 3,326 0% to -10% 11,001-10% to -20% -20% to -30% -30% to -40% -40% to -50% -50% or less ,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Number of Properties in Percent Change Range 10

11 Percent Change Range Change in Estimated Market Value of Apartments Percentage Change in Estimated Market Value By Range of Change from Payable 2018 to Payable 2019 Apartment Properties in Ramsey County Without Added Improvement Value 50% or more 40% to 50% % to 40% 42 20% to 30% 87 10% to 20% 1,907 0% to 10% 239 0% 98 0% to -10% -10% to -20% -20% to -30% -30% to -40% -40% to -50% -50% or less ,000 1,500 2,000 2,500 Number of Properties in Percent Change Range 11

12 Percent Change Range Change in Estimated Market Value of Commercial/Industrial/Utility Percentage Change in Estimated Market Value By Range of Change from Payable 2018 to Payable 2019 Commercial/Industrial/Utility Properties in Ramsey County Without Added Improvement Value 50% or more 40% to 50% 30% to 40% % to 30% % to 20% 849 0% to 10% 3,541 0% 450 0% to -10% % to -20% -20% to -30% -30% to -40% -40% to -50% -50% or less ,000 1,500 2,000 2,500 3,000 3,500 4,000 Number of Properties in Percent Change Range 12

13 Additional information on the 2019 Recommended Supplemental Budget is available on Ramsey County s website: ramseycounty.us/budget

14 Appendix Additional Information 14

15 Impact on Median Value Maplewood Home Factors Affecting Payable 2019 Maplewood Property Taxes For a Median Value Single Family Home of $222,500 assuming a 6.2% Increase in Estimated Market Value Located in School District #622 and the Metro Watershed Factors Amount Final Payable 2018 Total Tax ($209,600 EMV Home) $ 3,103 Loss of Fiscal Disparities $ 16 Change in Homestead Exclusion Benefit 16 Other Shifts 15 Total Decrease Due to Tax Shifts $ 47 Change that will appear on Proposed Notice County Levy $ 53 $ 49 Regional Rail Levy 6 6 School District Levy - 49 City Levy - 3 Other Special Taxing Districts Levy - (1) Total Increase Due To Changes in Levy $ 59 $ 106 Perc Change Estimated Payable 2019 Total Tax ($222,500 EMV Home) $ 3, % Assumptions: 2018 Levy 2019 Levy Levy Change % Change County Levy $ 305,199,197 $ 318,453,646 $ 13,254, % Maplewood Levy 21,465,600 21,465, % ISD 622 Levy 47,731,673 47,731, % Regional Rail Authority Levy 22,524,228 24,273,554 1,749, % 15

16 Impact on Median Value Shoreview Home Factors Affecting Payable 2019 Shoreview Property Taxes For a Median Value Single Family Home of $303,800 assuming a 4.8% Increase in Estimated Market Value Located in School District #621 and the Rice Creek Watershed Factors Amount Final Payable 2018 Total Tax ($289,800 EMV Home) $ 4,043 Gain of Fiscal Disparities $ (4) Change in Homestead Exclusion Benefit 15 Other Shifts (91) Total Increase Due to Tax Shifts $ (80) Change that will appear on Proposed Notice County Levy $ 74 $ 44 Regional Rail Levy 10 7 School District Levy - (37) City Levy - (8) Other Special Taxing Districts Levy - (2) Total Increase Due To Changes in Levy $ 84 $ 4 Perc Change Estimated Payable 2019 Total Tax ($303,800 EMV Home) $ 4, % Assumptions: 2018 Levy 2019 Levy Levy Change % Change County Levy $ 305,199,197 $ 318,453,646 $ 13,254, % Shoreview Levy 11,631,971 11,631, % ISD 621 Levy 49,811,522 49,811, % Regional Rail Authority Levy 22,524,228 24,273,554 1,749, % 16

17 Change in Fiscal Disparity Contribution Value Pay 2018 to Pay 2019 Fiscal Disparity Contribution & Distribution Values Pay 2019 Ramsey County Distribution Value: $97,073,678 17

18 Famous Friends Change in Market Values & Property Taxes on Select Residential Properties From 2015 to Est 2019 In the City of St. Paul Assuming a 4.3% Increase in County Levy and a 7.8% Increase in Regional Rail Levy With No Change in Levies from 2018 for All Other Taxing Authorities Property: 204 Granite Street Value Change '15 to Est '19 Payable Payable Payable Payable Est Payable Tax Change '15 to Est ' % Change 2017 % Change 2018 % Change 2019 Dollar Change % Change Tax Year Tax Year '15 to '16 Tax Year '16 to '17 Tax Year '17 to '18 Tax Year '18 to Est '19 '18 to Est '19 Value & Tax % Estimated Market Value: $47,800 $44, % $53, % $73, % $78,500 $5, % $30, % Taxable Market Value: $28,700 $26, % $31, % $44, % $48,300 $4, % $19, % County $157 $ % $ % $ % $233 $18 8.4% $ % City % % % % % School % % % % % Special District % % % % % Tax Increment % 0 0.0% 0 0.0% % 0 0.0% Total $502 $ % $ % $ % $771 $14 1.8% $ % Property: 1971 Hawthorne Estimated Market Value: $115,200 $117, % $122, % $139, % $150,900 $11, % $35, % Taxable Market Value: $88,300 $90, % $96, % $115, % $127,200 $11, % $38, % County $480 $ % $ % $ % $613 $44 7.7% $ % City % % % % % School % % % % % Special District % % % % % Tax Increment % 0 0.0% 0 0.0% % 0 0.0% Total $1,524 $1, % $1, % $1, % $1,973 $45 2.3% $ % Property: 1361 Highland Pky Estimated Market Value: $262,500 $266, % $267, % $264, % $279,100 $14, % $16, % Taxable Market Value: $248,900 $253, % $254, % $250, % $267,000 $16, % $18, % County $1,352 $1, % $1, % $1, % $1,288 $51 4.1% -$64-4.7% City 1,091 1, % 1, % 1, % 1, % % School 1,424 1, % 1, % 1, % 1, % % Special District % % % % % Tax Increment % 0 0.0% 0 0.0% % 0 0.0% Total $4,146 $4, % $4, % $4, % $4,064 -$47-1.1% -$82-2.0% Property: 2194 Princeton Estimated Market Value: $546,200 $546, % $559, % $572, % $574,800 $2, % $28, % Taxable Market Value: $546,200 $546, % $559, % $572, % $574,800 $2, % $28, % County $3,029 $3, % $2, % $2, % $2,863 -$50-1.7% -$ % City 2,445 2, % 2, % 2, % 2, % % School 3,135 3, % 3, % 3, % 2, % % Special District % % % % % Tax Increment % 0 0.0% 0 0.0% % 0 0.0% Total $9,234 $9, % $9, % $9, % $8,975 -$ % -$ % Property: 768 Summit Estimated Market Value: $839,000 $808, % $808, % $804, % $898,500 $94, % $59, % Taxable Market Value: $839,000 $808, % $808, % $804, % $898,500 $94, % $59, % County $5,018 $4, % $4, % $4, % $4,815 $ % -$ % City 4,049 3, % 3, % 4, % 4, % % School 5,104 4, % 4, % 4, % 4, % % Special District 1,035 1, % % 1, % 1, % % Tax Increment % 0 0.0% 0 0.0% % 0 0.0% Total $15,206 $14, % $14, % $14, % $15,011 $ % -$ % 18

19 Famous Friends Property: 2163 Randy Ave, White Bear Lake Change in Market Values & Property Taxes on Select Residential Properties From 2015 to Est 2019 In Ramsey County Suburbs Assuming a 4.3% Increase in County Levy and a 7.8% Increase in Regional Rail Levy With No Change in Levies from 2018 for All Other Taxing Authorities Value Change '15 to Est '19 Payable Payable Payable Payable Est Payable Tax Change '15 to Est ' % Change 2017 % Change 2018 % Change 2019 Dollar Change % Change Tax Year Tax Year '15 to '16 Tax Year '16 to '17 Tax Year '17 to '18 Tax Year '18 to Est '19 '18 to Est '19 Value & Tax % Estimated Market Value: $165,700 $160, % $184, % $193, % $203,200 $10, % $37, % Taxable Market Value: $143,400 $137, % $164, % $173, % $184,200 $11, % $40, % County $844 $ % $ % $ % $970 $35 3.7% $ % City % % % % % School % % % % % Special District % % % % % Fiscal Disparity % 0 0.0% 0 0.0% % 0 0.0% Tax Increment % 0 0.0% 0 0.0% % 0 0.0% 0 Total $2,016 $1, % $2, % $2, % $2,251 $35 1.6% $ % Property: 1555 Oakwood Drive, Shoreview Estimated Market Value: $226,000 $225, % $241, % $247, % $279,700 $32, % $53, % Taxable Market Value: $209,100 $208, % $225, % $232, % $267,600 $34, % $58, % County $1,233 $1, % $1, % $1, % $1,409 $ % $ % City % % % % % School 1,067 1, % 1, % 1, % 1, % % Special District % % % % % Fiscal Disparity % 0 0.0% 0 0.0% % 0 0.0% Tax Increment % 0 0.0% 0 0.0% % 0 0.0% 0 Total $3,228 $3, % $3, % $3, % $3,691 $ % $ % Property: 5929 Oxford St, Shoreview Estimated Market Value: $410,300 $422, % $401, % $431, % $449,700 $18, % $39, % Taxable Market Value: $410,000 $422, % $400, % $431, % $449,700 $18, % $39, % County $2,415 $2, % $2, % $2, % $2,368 $41 1.8% -$47-1.9% City 1,430 1, % 1, % 1, % 1, % % School 2,021 2, % 1, % 2, % 2, % % Special District % % % % % Fiscal Disparity % 0 0.0% 0 0.0% % 0 0.0% Tax Increment % 0 0.0% 0 0.0% % 0 0.0% 0 Total $6,256 $6, % $5, % $6, % $6,165 -$59-0.9% -$91-1.5% Property: 12 Dogwood Lane, North Oaks Estimated Market Value: $3,737,000 $3,736, % $3,711, % $3,686, % $3,811,200 $124, % $74, % Taxable Market Value: $3,737,000 $3,736, % $3,711, % $3,686, % $3,811,200 $124, % $74, % County $26,789 $26, % $25, % $24, % $24,425 $ % -$2, % City 4,601 4, % 4, % 4, % 4, % % School 20,631 20, % 19, % 20, % 19, % -1, % Special District 3,170 3, % 2, % 2, % 2, % % Fiscal Disparity % 0 0.0% 0 0.0% % 0 0.0% Tax Increment % 0 0.0% 0 0.0% % 0 0.0% 0 Total $55,191 $54, % $51, % $51, % $51,257 -$ % -$3, % 19

20 Famous Friends Change in Market Values & Property Taxes on Select Commercial Properties From 2015 to Est 2019 In the City of St. Paul Assuming a 4.3% Increase in County Levy and a 7.8% Increase in Regional Rail Levy With No Change in Levies from 2018 for All Other Taxing Authorities Property: Mama's Pizza, Rice Street, St. Paul Value Change '15 to Est '19 Payable Payable Payable Payable Est Payable Tax Change '15 to Est ' % Change 2017 % Change 2018 % Change 2019 Dollar Change % Change Tax Year Tax Year '15 to '16 Tax Year '16 to '17 Tax Year '17 to '18 Tax Year '18 to Est '19 '18 to Est '19 Value & Tax % Estimated Market Value: $185,000 $185, % $198, % $237, % $261,400 $23, % $76, % Taxable Market Value: $185,000 $185, % $198, % $237, % $261,400 $23, % $76, % County $158 $ % $1, % $1, % $1,290 $81 6.7% $1, % City % % 1, % 1, % $1, % School % 1, % 1, % 1, % $ % Special District % % % % $ % Fiscal Disparity % % % % $ % Tax Increment 2,401 2, % % 0 0.0% % -$2, % State Business % % % % -$ % Total $4,521 $4, % $4, % $4, % $5,104 $ % $ % Property: St. Patrick's Guild, Randolph Ave., St. Paul Estimated Market Value: $375,100 $375, % $410, % $445, % $467,300 $22, % $92, % Taxable Market Value: $375,100 $375, % $410, % $445, % $467,300 $22, % $92, % County $2,489 $2, % $2, % $2, % $2,888 $39 1.4% $ % City 2,008 2, % 2, % 2, % 2, % $ % School 2,476 2, % 2, % 2, % 2, % $ % Special District % % % % $ % Fiscal Disparity 3,506 2, % 3, % 3, % 3, % $ % Tax Increment % 0 0.0% 0 0.0% % $0 0.0% State Business 3,433 3, % 3, % 2, % 2, % -$ % Total $14,426 $13, % $14, % $15, % $15,634 $20 0.1% $1, % Property: Hoa Bien, University, St. Paul Estimated Market Value: $994,200 $994, % $994, % $1,159, % $1,217,700 $58, % $223, % Taxable Market Value: $994,200 $994, % $994, % $1,159, % $1,217,700 $58, % $223, % County $7,055 $7, % $6, % $7, % $7,930 $84 1.1% $ % City 5,692 5, % 5, % 7, % 7, % $1, % School 6,925 7, % 6, % 7, % 7, % $ % Special District 1,455 1, % 1, % 1, % 1, % $ % Fiscal Disparity 9,935 8, % 8, % 9, % 10, % $ % Tax Increment % 0 0.0% 0 0.0% % $0 0.0% State Business 9,728 9, % 8, % 9, % 9, % -$ % Total $40,790 $39, % $38, % $44, % $43,920 -$ % $3, % Property: US Bank Place, 5th St, St. Paul Estimated Market Value: $19,100,000 $19,100, % $21,010, % $23,111, % $23,111,000 $0 0.0% $4,011, % Taxable Market Value: $19,100,000 $19,100, % $21,010, % $23,111, % $23,111,000 $0 0.0% $4,011, % County $140,568 $145, % $149, % $161, % $155,036 -$6, % $14, % City 113, , % 124, % 163, % 141,404-21, % $27, % School 137, , % 147, % 158, % 144,895-13, % $7, % Special District 28,994 31, % 32, % 37, % 34,731-2, % $5, % Fiscal Disparity 197, , % 189, % 195, % 204,542 9, % $6, % Tax Increment % 0 0.0% 0 0.0% % $0 0.0% State Business 193, , % 192, % 201, % 188,588-13, % -$5, % Total $811,798 $785, % $837, % $917, % $869,196 -$48, % $57, % 20

21 Famous Friends Property: Gulden's Roadhouse, Highway 61, Maplewood Change in Market Values & Property Taxes on Select Commercial Properties From 2015 to Est 2019 In Ramsey County Suburbs Assuming a 4.3% Increase in County Levy and a 7.8% Increase in Regional Rail Levy With No Change in Levies from 2018 for All Other Taxing Authorities Value Change '15 to Est '19 Payable Payable Payable Payable Est Payable Tax Change '15 to Est ' % Change 2017 % Change 2018 % Change 2019 Dollar Change % Change Tax Year Tax Year '15 to '16 Tax Year '16 to '17 Tax Year '17 to '18 Tax Year '18 to Est '19 '18 to Est '19 Value & Tax % Estimated Market Value: $1,020,600 $1,020, % $1,020, % $1,309, % $1,473,100 $163, % $452, % Taxable Market Value: $1,020,600 $1,020, % $1,020, % $1,309, % $1,473,100 $163, % $452, % County $7,494 $7, % $7, % $9, % $10,018 $ % $2, % City 5,984 6, % 6, % 7, % 8, % $2, % School 6,026 5, % 6, % 7, % 8, % $2, % Special District 1,429 1, % 1, % 1, % 1, % $ % Fiscal Disparity 11,225 10, % 9, % 12, % 14,142 1, % $2, % Tax Increment % 0 0.0% 0 0.0% % $0 0.0% State Business 9,996 9, % 9, % 10, % 11, % $1, % Total $42,154 $41, % $40, % $49, % $53,872 $4, % $11, % Property: Former HOM Furn, now Acorn Mini-Storage, Roseville Estimated Market Value: $5,303,100 $4,550, % $4,701, % $5,641, % $5,196,900 -$445, % -$106, % Taxable Market Value: $5,303,100 $4,550, % $4,701, % $5,641, % $5,196,900 -$445, % -$106, % County $40,983 $35, % $34, % $40, % $36,185 -$4, % -$4, % City 28,069 24, % 24, % 29, % 25,098-4, % -$2, % School 25,700 22, % 20, % 38, % 31,159-6, % $5, % Special District 7,471 5, % 5, % 6, % 5, % -$1, % Fiscal Disparity 57,792 45, % 45, % 54, % 50,315-3, % -$7, % Tax Increment % 0 0.0% 0 0.0% % $0 0.0% State Business 53,541 43, % 42, % 48, % 41,692-6, % -$11, % Total $213,556 $176, % $174, % $216, % $189,941 -$26, % -$23, % Property: Target Corp., Highway 36, North St. Paul Estimated Market Value: $10,887,700 $10,887, % $10,146, % $10,146, % $10,146,000 $0 0.0% -$741, % Taxable Market Value: $10,887,700 $10,887, % $10,146, % $10,146, % $10,146,000 $0 0.0% -$741, % County $84,273 $81, % $72, % $72, % $69,066 -$3, % -$15, % City 57,556 59, % 59, % 61, % 55,479-6, % -$2, % School 66,933 64, % 65, % 60, % 58,200-1, % -$8, % Special District 20,011 19, % 17, % 17, % 16,218-1, % -$3, % Fiscal Disparity 119, , % 108, % 99, % 103,653 4, % -$15, % Tax Increment % 0 0.0% 0 0.0% % $0 0.0% State Business 110, , % 92, % 88, % 82,275-5, % -$28, % Total $458,668 $448, % $416, % $398, % $384,891 -$13, % -$73, % Property: 3M, McKnight Road, Maplewood Estimated Market Value: $200,000,000 $160,000, % $150,000, % $142,500, % $141,075,000 -$1,425, % -$58,925, % Taxable Market Value: $200,000,000 $160,000, % $150,000, % $142,500, % $141,075,000 -$1,425, % -$58,925, % County $1,524,039 $1,230, % $1,118, % $1,023, % $984,159 -$39, % -$539, % City 1,216,354 1,028, % 957, % 881, % 811,483-70, % -$404, % School 1,214, , % 996, % 848, % 822,607-26, % -$392, % Special District 290, , % 207, % 192, % 181,668-11, % -$108, % Fiscal Disparity 2,283,294 1,667, % 1,496, % 1,380, % 1,389,282 8, % -$894, % Tax Increment % 0 0.0% 0 0.0% % $0 0.0% State Business 2,033,219 1,556, % 1,373, % 1,249, % 1,155,893-93, % -$877, % Total $8,562,380 $6,677, % $6,149, % $5,577, % $5,345,092 -$232, % -$3,217, % 21

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